Embracer Planning for More Layoffs
Black Forest Games, a German video game developer subsidiary of THQ Nordic, which Embracer Group owns, is reportedly planning to lay off around 50% of its employees. Last December, two Danish developers owned by Embracer Group, 3D Realms and Slipgate Ironworks, announced that over half of their staff would have their roles eliminated. With that announcement, around 1000 people were laid off by Embracer in the second half of 2023. Now, Black Forest Games is seemingly the latest developer to be affected.